Which route makes the most financial sense

[Jeremy Muehlbauer]

A quick overview ,So my wife and I have our own property fully paid off. We own a duplex that we put $150,000 down 3 years ago using a HELOC that we still have access to on our primary residence that is now paid off. Also I have the ability to use a VA loan for my primary so I would not need to put any money down on new primary. Our house is worth about $350,000 and the duplex other than the equity we put in with the down payment does not have much Equity at all.

I don't know what the best course of action to do is if I should just pull out my $150,000 heloc again and buy another $500,000 duplex and keep doing that over and over again. Or should we sell our primary take the $350,000 buy two new duplexes and then buy a primary with zero money down with my VA loan.

Third option is just keep saving up money since our house is paid off and every couple years by a duplex with our saved money